GrubHub Inc (NYSE:GRUB) COO Stanley Chia sold 17,727 shares of the stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $72.41, for a total value of $1,283,612.07. Following the completion of the transaction, the chief operating officer now directly owns 1,216 shares of the company’s stock, valued at $88,050.56. The sale was disclosed in a filing with the SEC, which is available through this link.
Stanley Chia also recently made the following trade(s):
- On Monday, February 5th, Stanley Chia sold 22,307 shares of GrubHub stock. The stock was sold at an average price of $71.76, for a total value of $1,600,750.32.
- On Wednesday, January 3rd, Stanley Chia sold 6,597 shares of GrubHub stock. The stock was sold at an average price of $71.00, for a total value of $468,387.00.
- On Tuesday, December 5th, Stanley Chia sold 645 shares of GrubHub stock. The shares were sold at an average price of $66.54, for a total value of $42,918.30.
Shares of GrubHub Inc (NYSE GRUB) traded up $2.26 on Tuesday, reaching $88.96. 335,153 shares of the company’s stock were exchanged, compared to its average volume of 2,033,410. The company has a market capitalization of $7,520.00, a PE ratio of 79.30, a price-to-earnings-growth ratio of 3.06 and a beta of 1.54. GrubHub Inc has a 1 year low of $32.43 and a 1 year high of $94.89.
GrubHub (NYSE:GRUB) last issued its quarterly earnings results on Thursday, February 8th. The information services provider reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.07. The business had revenue of $205.10 million during the quarter, compared to analyst estimates of $201.55 million. GrubHub had a net margin of 14.49% and a return on equity of 8.47%. GrubHub’s revenue for the quarter was up 49.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.23 earnings per share. research analysts predict that GrubHub Inc will post 1.22 earnings per share for the current year.
A number of analysts have recently issued reports on GRUB shares. Guggenheim started coverage on GrubHub in a report on Monday. They issued a “buy” rating and a $85.54 target price for the company. Oppenheimer increased their target price on GrubHub to $100.00 and gave the company an “outperform” rating in a report on Friday. Cowen reaffirmed a “buy” rating and issued a $96.00 price target on shares of GrubHub in a research note on Friday. Goldman Sachs Group upped their price target on shares of GrubHub from $80.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Credit Suisse Group set a $80.00 target price on shares of GrubHub and gave the stock a “hold” rating in a research report on Friday. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $75.70.
Several institutional investors have recently modified their holdings of GRUB. First Trust Advisors LP increased its holdings in shares of GrubHub by 996.8% in the fourth quarter. First Trust Advisors LP now owns 1,610,369 shares of the information services provider’s stock valued at $115,624,000 after purchasing an additional 1,463,539 shares in the last quarter. Caledonia Private Investments Pty Ltd increased its holdings in shares of GrubHub by 8.0% in the third quarter. Caledonia Private Investments Pty Ltd now owns 10,702,879 shares of the information services provider’s stock valued at $563,614,000 after purchasing an additional 790,969 shares in the last quarter. Janus Henderson Group PLC acquired a new stake in shares of GrubHub in the second quarter valued at approximately $28,875,000. Sylebra HK Co Ltd acquired a new stake in shares of GrubHub in the second quarter valued at approximately $27,341,000. Finally, Renaissance Technologies LLC acquired a new stake in shares of GrubHub in the second quarter valued at approximately $27,237,000.
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Grubhub Inc provides an online and mobile platform for restaurant pick-up and delivery orders. Its products include Grubhub and Seamless Mobile Applications and Mobile Website, Grubhub and Seamless Websites, Corporate Program, Delivery, Allmenus and MenuPages, Grubhub for Restaurants, and Restaurant Websites.
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